Thursday, April 2, 2009

Obama Owns the Budget and the Economy

With an Obama stimulus package, and an Obama omnibus spending bill already passed, and now the a huge Obama budget working its way through the Congress, Politico notes that President Obama owns this budget, and hence the economy. Fierce fights may follow budget victory.

The House and Senate face a flurry of final budget votes Thursday, with Republicans pushed to the margins and having come forward only in the past 24 hours with a detailed alternative of their own.

But the victory for President Barack Obama could prove hollow, especially in the Senate, and Republicans are betting that the president’s very activism will work against him as he takes ownership of more and more difficult economic issues.

“This is a defining moment, and there is overwhelming empathy with folks who are scared to death about the direction this country is going,” Sen. Saxby Chambliss (R-Ga.) told POLITICO. “All of a sudden, you have the president taking over General Motors, the president taking over the financial industry and now the health care industry? I think there will be even a larger outcry coming from our constituents at the ballot box next time.”

Some of this nervousness already seemed evident Wednesday night in a Senate fight over how to proceed on Obama’s climate change legislation. On two successive votes, one as large as 67-31, a solid bipartisan coalition blocked efforts by liberal environmental interests wanting to use expedited budget procedures to circumvent Senate filibuster rules on cap-and-trade revenue provisions.

The defeat raises the stakes further for health care reform as the big remaining prize for the White House in the budget debate. And to a remarkable degree, Obama has been willing to blur the lines between himself and fellow Democrats to help move the process forward with this goal in mind.